Description
Book Synopsis* A second edition to the classic and widely popular Value Investing, which was hailed as better than Benjamin Graham s 1950, The Intelligent Investor.
Table of ContentsDedication v
Acknowledgments ix
Introduction xi
1 Value Investing: Definitions, Distinctions, Results, Risks, Principles 1
2 Searching for Value: Finding the Right Side of the Trade 17
3 Valuation in Principle, Valuation in Practice 41
4 Valuing the Assets: From Book Value to Replacement Costs 71
Example One: Hudson General 91
5 Earnings Power Value 103
Example Two: Magna International 123
6 Growth 141
7 “Good” Businesses 161
8 The Valuation of Franchise Stocks 187
Appendix to Chapter 8: Return Calculations for Franchise Businesses 217
Example Three: WD-40 231
Example Four: Intel 253
9 Research Strategy 301
10 Risk Management and Building Portfolios 321
Investor Profiles 339
Warren Buffett 343
Robert H. Heilbrunn 375
Walter and Edwin Schloss 381
Mario Gabelli 393
Glenn Greenberg 395
Paul Hilal 399
Jan Hummel 403
Seth Klarman 407
Michael Price 411
Thomas Russo 415
Andrew Weiss 419
Index 423
